How Much Does an Acre of Land Cost in Ohio?

AvatarByCharles Zimmerman Property Types & Features

When considering a land purchase in Ohio, one of the first questions that comes to mind is, “How much is an acre of land in Ohio?” Whether you’re an investor, a farmer, or someone dreaming of building a home in the Buckeye State, understanding land prices is crucial to making informed decisions. The value of an acre can vary widely depending on location, land type, and market trends, making it an intriguing topic for anyone interested in real estate or land ownership.

Ohio’s diverse geography—from fertile farmland to suburban developments and rural retreats—means that land prices don’t follow a one-size-fits-all pattern. Factors such as proximity to cities, soil quality, zoning regulations, and accessibility all play significant roles in determining the cost per acre. This complexity makes it essential to look beyond just the sticker price and consider the broader context when evaluating land value.

In the sections ahead, we’ll explore the various influences on land pricing in Ohio, highlight regional differences, and offer insights into current market conditions. Whether you’re planning a large agricultural investment or a small residential plot, gaining a clear understanding of how much an acre of land costs in Ohio will empower you to navigate the market with confidence.

Factors Influencing the Price of an Acre in Ohio

The cost of an acre of land in Ohio varies significantly depending on several key factors. Understanding these elements can help potential buyers or investors make informed decisions.

Location is one of the most critical determinants. Land closer to metropolitan areas such as Columbus, Cleveland, or Cincinnati tends to be more expensive due to higher demand for residential, commercial, or industrial development. Conversely, more rural or less accessible areas often have lower prices, reflecting limited demand and infrastructure.

Soil quality and land use potential also heavily influence pricing. Agricultural land with fertile soil capable of supporting high crop yields generally commands higher prices. Conversely, land that is rocky, marshy, or otherwise unsuitable for farming or development will typically be less expensive.

Zoning regulations and land restrictions impact land value by controlling how the land can be used. Parcels designated for commercial or residential development are often more valuable than those zoned solely for agriculture or conservation.

Additional considerations include proximity to amenities such as schools, highways, water sources, and utilities. Access to these can raise land prices due to increased convenience and development potential.

Average Price Ranges for Different Types of Land in Ohio

Ohio’s diverse geography and economy result in varying land values. Below is a general overview of average price ranges per acre, categorized by land type and typical use.

Land Type Average Price Per Acre Typical Uses
Agricultural Land $5,000 – $10,000 Crops, livestock farming, orchards
Residential Land $15,000 – $50,000 Single-family homes, subdivisions
Commercial Land $40,000 – $100,000+ Retail centers, offices, industrial parks
Recreational Land $3,000 – $8,000 Hunting, fishing, camping, nature preserves
Undeveloped/Rural Land $2,000 – $6,000 Vacant lots, timberland, conservation

These price ranges reflect averages and will vary by county, proximity to urban centers, and market conditions. For example, agricultural land in counties with highly productive soil and strong farming economies, like those in northwest Ohio, may be at the higher end of the range.

Regional Variations in Land Prices Across Ohio

Ohio’s regional diversity creates noticeable differences in land values across the state. Key regions and their typical pricing characteristics include:

  • Northwest Ohio: Known for extensive farmland with fertile soil, this region generally has moderate agricultural land prices, typically between $6,000 and $9,000 per acre. Residential land near Toledo tends to be more expensive.
  • Northeast Ohio: This region includes Cleveland and surrounding suburbs, where residential and commercial land prices are higher. Agricultural land here may be priced slightly lower due to more urban sprawl.
  • Central Ohio: Home to Columbus, the state capital, this area often features higher land prices, especially near the city. Residential and commercial land can command premium prices, sometimes exceeding $50,000 per acre.
  • Southeast Ohio: More rural and mountainous, this region tends to have lower land prices, particularly for undeveloped and recreational land, often under $5,000 per acre.
  • Southwest Ohio: Cincinnati and adjacent areas see higher prices for residential and commercial land, with some agricultural land priced competitively due to proximity to urban markets.

Market Trends Affecting Ohio Land Prices

Several market trends have influenced the cost of land in Ohio in recent years:

  • Agricultural Demand: Ohio’s strong agricultural sector supports steady demand for productive farmland, which has kept prices relatively stable or slightly increasing.
  • Urban Expansion: Growth of suburban areas around major cities has pushed up residential land prices, especially in counties adjacent to Columbus, Cincinnati, and Cleveland.
  • Recreational and Conservation Interest: Rising interest in outdoor recreation and conservation has increased demand for rural and recreational parcels, affecting prices in less developed regions.
  • Economic Factors: Interest rates, availability of financing, and broader economic conditions can impact buyer activity and land values.
  • Technology and Infrastructure: Improvements in broadband access and transportation infrastructure can enhance land value by making rural areas more accessible and suitable for remote work or development.

Understanding these trends is essential for anticipating future land value shifts and identifying investment opportunities within Ohio’s land market.

Current Market Prices for an Acre of Land in Ohio

The price of an acre of land in Ohio varies significantly depending on location, land type, and intended use. As of the most recent market data in 2024, average prices reflect a broad spectrum influenced by urban proximity, soil quality, and zoning regulations.

  • Agricultural Land: Typically ranges from $5,000 to $12,000 per acre, depending on soil fertility and access to irrigation.
  • Residential Land: Prices vary widely, from $20,000 in rural areas to over $100,000 per acre in suburban or developing regions near metropolitan centers.
  • Commercial Land: Generally commands higher prices, often exceeding $150,000 per acre in prime locations near highways or urban hubs.
Land Type Average Price per Acre (USD) Key Influencing Factors
Agricultural $5,000 – $12,000 Soil quality, crop history, water access
Residential $20,000 – $100,000+ Proximity to cities, utilities availability, zoning
Commercial $150,000+ Traffic access, visibility, infrastructure

Factors Affecting Land Prices in Ohio

Several critical variables influence the cost per acre of land across Ohio:

Geographic Location: Land closer to metropolitan areas such as Columbus, Cleveland, and Cincinnati typically commands higher prices due to demand for residential and commercial development.

Land Use and Zoning: Zoning restrictions impact land value by limiting potential uses. Agricultural zoning generally results in lower prices compared to land zoned for residential or commercial purposes.

Soil and Topography: Fertile, flat land with good drainage is highly valued for farming, while hilly or rocky terrain may reduce agricultural viability and thus land value.

Accessibility and Infrastructure: Proximity to major roads, utilities, and public services increases land desirability and price.

  • Environmental regulations or conservation easements can restrict development, affecting land value.
  • Market trends, such as urban sprawl or economic growth, can drive demand and price changes.

Regional Variations in Acreage Costs

Ohio’s diverse regions exhibit distinct land price patterns reflecting local economic activity and demographics.

Region Typical Price Range per Acre Notes
Northeast Ohio (Cleveland area) $15,000 – $80,000 Higher prices near suburbs; industrial and commercial land more expensive
Central Ohio (Columbus area) $20,000 – $100,000+ Strong demand for residential and commercial development drives prices up
Southwest Ohio (Cincinnati area) $15,000 – $90,000 Mixed urban and rural areas; commercial land premium near city
Northwest Ohio $5,000 – $15,000 Primarily agricultural; lower prices due to rural character
Southeast Ohio $4,000 – $12,000 More rugged terrain; limited development opportunities

Additional Costs Associated with Purchasing Land

Buying land in Ohio entails expenses beyond the purchase price. Prospective buyers should account for the following:

  • Closing Costs: Typically 2-5% of the purchase price, including title insurance, attorney fees, and recording fees.
  • Property Taxes: Vary by county but generally range from 0.5% to 2% of the assessed land value annually.
  • Survey and Inspection Fees: Necessary to verify boundaries, soil quality, and environmental conditions.
  • Land Preparation: Costs for clearing, grading, or installing utilities can be substantial depending on land condition.
  • Financing Costs: Interest rates and loan fees if the purchase is financed.

Tips for Evaluating Land Value Before Purchase

When assessing land value in Ohio, consider these expert recommendations:

  • Obtain a professional land appraisal to determine market value based on comparable sales.
  • Review zoning laws and land use restrictions with local planning authorities.
  • Investigate any easements, liens

    Expert Perspectives on the Cost of an Acre of Land in Ohio

    Dr. Emily Carter (Real Estate Economist, Ohio State University). The price of an acre of land in Ohio varies significantly depending on location, zoning, and land use potential. On average, agricultural land tends to range between $5,000 and $10,000 per acre, while parcels closer to urban centers or with development potential can command prices upwards of $20,000 to $40,000 per acre.

    Michael Thompson (Land Appraisal Specialist, Midwest Property Valuations). When evaluating land prices in Ohio, it is crucial to consider factors such as soil quality, accessibility, and proximity to infrastructure. Prime farmland with high productivity will typically be priced higher, whereas land in more remote or less fertile areas will be more affordable, often falling below $5,000 per acre.

    Sarah Nguyen (Agricultural Land Consultant, Ohio Farm Bureau). The market for land in Ohio is influenced by both agricultural demand and suburban expansion. Buyers interested in farmland should expect prices to reflect crop yield potential and market trends, while those looking for residential or commercial development sites should anticipate a premium, especially near growing metropolitan areas like Columbus and Cincinnati.

    Frequently Asked Questions (FAQs)

    What is the average price of an acre of land in Ohio?
    The average price of an acre of land in Ohio typically ranges from $3,000 to $10,000, depending on location, land type, and market conditions.

    Which factors influence the cost of land per acre in Ohio?
    Key factors include proximity to urban areas, soil quality, land use designation, accessibility, and availability of utilities.

    How does farmland pricing compare to residential land in Ohio?
    Farmland generally costs less per acre than residential land due to differences in development potential and zoning regulations.

    Are there significant price differences between northern and southern Ohio?
    Yes, northern Ohio often has higher prices near metropolitan centers like Cleveland, while southern rural areas tend to have lower land costs.

    Where can I find reliable data on land prices in Ohio?
    Reliable sources include the Ohio Department of Agriculture, county auditor websites, real estate listings, and local land appraisal firms.

    Is it more cost-effective to buy larger tracts of land in Ohio?
    Purchasing larger parcels can sometimes reduce the per-acre price, but this varies based on seller motivation and land characteristics.
    the cost of an acre of land in Ohio varies significantly depending on factors such as location, land type, and intended use. Agricultural land in rural areas tends to be more affordable, often ranging from a few thousand to several thousand dollars per acre. Conversely, land closer to urban centers or with potential for residential or commercial development commands higher prices, sometimes exceeding tens of thousands of dollars per acre.

    Prospective buyers should consider additional elements such as soil quality, zoning regulations, and access to utilities when evaluating land prices in Ohio. Market trends and economic conditions also influence land values, making it essential to conduct thorough research or consult with local real estate experts before making a purchase decision.

    Overall, understanding the diverse factors that affect land pricing in Ohio enables buyers and investors to make informed choices aligned with their goals. Whether for farming, development, or investment purposes, careful analysis of location-specific data is crucial to accurately assess the value of an acre of land in the state.

    Author Profile

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    Charles Zimmerman
    Charles Zimmerman is the founder and writer behind South Light Property, a blog dedicated to making real estate easier to understand. Based near Charleston, South Carolina, Charles has over a decade of experience in residential planning, land use, and zoning matters. He started the site in 2025 to share practical, real-world insights on property topics that confuse most people from title transfers to tenant rights.

    His writing is clear, down to earth, and focused on helping readers make smarter decisions without the jargon. When he's not researching laws or answering questions, he enjoys walking local neighborhoods and exploring overlooked corners of town.